Sensex and Nifty50 likely to make a gap-up opening today — all eyes on Wipro

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-up opening on Wednesday tracking strength across global markets, as strong corporate earnings in the US took investors' minds off fears of slowing growth due to steep hikes in COVID-era interest rates. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — jumped as much as 184.5 points or 1.1 percent to touch 16,522 ahead of the opening bell on Dalal Street. Investors awaited financial results from blue-chip companies including Wipro, IndusInd and Havells due later in the day for domestic cues.